Will BNX Bounce Back or Break Down? Key Levels to Watch NowYello, Paradisers! Is #BNX about to stage a powerful bullish reversal, or could we see another leg down? Let's dive into the current setup of #BinaryX:
💎#BNXUSDT is flashing some promising signs of a potential reversal following a crucial retest of a major support zone. The recent price action saw #BNXUSDT lose steam after encountering a strong rejection at the key resistance of $1.71, where a double-top pattern emerged. Now, the focus shifts to a pivotal support zone between $0.596 and $0.691.
💎If the price holds above $0.596 - $0.691 and rebounds, it could gather the necessary momentum to retest the minor resistance at $0.855. A break above this level would signal a return to a bullish structure, opening the door for higher targets and a potential trend shift.
💎However, if #BNX fails to rebound within this zone, a breakdown could trigger a continuation of the downtrend, with the next stop potentially being the demand area at $0.435.
💎Historically, the $0.435 level has provided solid support, making it a key area to watch for a potential rebound opportunity. But for $BNX to regain its upward momentum, reclaiming the $0.855 resistance is essential. If the price fails to do so—or, even worse, breaks down below the $0.435 demand zone—it would confirm a bearish trend, indicating further downside risks.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Binaryx
BNXUSDT(BinaryX) Updated till 07-09-24BNXUSDT(BinaryX) Daily timeframe range. even on red day when many alts going to its low or creating new low its holding like a beast. PA is outperforming many things at once. breaking 1.6644 clean will push to price discovery and new high. local support at 1.1891.
BNXUSDT(BinaryX) Daily tf Range Updated till 14-07-24BNXUSDT(BinaryX) Daily timeframe range. despite market condition till now its been a absolute tank. there are alts creating new low and way down but its holding real strong. now 1.2616 been a struggle but a valid close above it will open a way till 1.6553.
BNX/USDT Ready for an Explosive Bull Journey? BNX Analysis💎 Paradisers, direct your focus to BNXUSDT, as it showcases a fascinating market dynamic. Currently, BinaryX is approaching a crucial resistance level at $0.338, which could significantly influence its future market movements.
💎 If BinaryX manages to break through this formidable resistance, it could trigger a major bullish trend. This possibility points to a strong upward potential, particularly if the price sustains its momentum above this vital level.
💎 Conversely, if BNX is unable to surpass the resistance, we might witness a bullish rebound from a lower support level at $0.286. Such a situation would suggest a shift in strategy, potentially aiming for a recovery from this secondary support zone.
💎 The situation escalates if #BNX drops below the $0.286 support. A decline past this point could sway market sentiment towards bearish, possibly leading to an extended downturn.
💎 Stay vigilant and strategically alert, Paradisers. Your ParadiseTeam is equipped with the latest market insights, prepared to guide you through these potential shifts, ensuring your trading decisions are both informed and strategic.
#BNX/BTC 1D (Binance) Falling wedge breakoutBinary X is about to regain 50MA and seems ready to leg up towards 100EMA resistance.
⚡️⚡️ #BNX/BTC ⚡️⚡️
Exchanges: Binance
Signal Type: Regular (Long)
Amount: 4.9%
Current Price:
0.00000856
Entry Targets:
1) 0.00000853
Take-Profit Targets:
1) 0.00001290
Stop Targets:
1) 0.00000678
Published By: @Zblaba
$BNX #BNXBTC #BinaryX #BSC #P2E
Risk/Reward= 1:2.5
Expected Profit= +51.2%
Possible Loss= -20.5%
Estimated Gaintime= 1 month
www.binaryx.pro
BinaryX (BNX) BinaryX price today is $160 with a 24 hour trading volume of 62 million dollars. BNX price is up 1% in the last 24 hours.
BinaryX ($BNX) is the platform cryptocurrency for the BinaryX ecosystem, which includes the DAO and all products & games utilizing $BNX. BinaryX began as a decentralized derivative trading system. Recognizing the burgeoning popularity of GameFi and interest in the metaverse games, the team gradually evolved into developing decentralized video games and is now fully transitioning to be a GameFi platform offering IGO services to bridge Web2 developers to Web3.
this project is extremely volatile but it still hold the up trend and if you going to trade make sure you have a solid stop loss
I started investing at 40$ and taking some profit now
BinaryX (BNX) formed a bullish Butterfly for upto 84% rallyHi dear friends, hope you are well and welcome to the new update on Neblio BinaryX (BNX) token with US Dollar pair.
On a 4-hr time frame, BNX has formed a bullish Butterfly move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BNXUSD Hit the Resistance Top. See where to buy next!BinaryX (BNXUSD) is one of the hottest top 100 cap this week and it hit the 181.500 level, which was the High of October 27 2022. Technically we have identified a High Volatility Zone where BNX traded sideways for 2.5 months before the FTX crash.
As you see, the rise since the FTX bottom matches almost perfectly the rise from January 24 2022 to April 01 2022 (so far). On that fractal, it was when the price closed a 1D candle below the 4H MA100 (red trend-line) that started a Channel Up, where all 1D MA50 (blue trend-line) hits have been buy opportunities. You know the pattern if those parameters are fulfilled act accordingly and buy the dip.
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BinaryX (BNX) formed a bullish Cypher | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of BinaryX (BNX) token with US Dollar pair.
On 4-hr time frame, BNX has formed a bullish Cypher move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BNX: THE STEP BY STEP INCREASE COINBNX is in the long term very interesting and with the before updates, we did explain why.
This coin has a DCA whale trend: and it's one of the best options that a coin can have.
Further, it's not known much, but as long there is a green cycle with D CA this coin can go step by step to increase until the high breakout what can follow with a huge Fumo effect. it's a long-term expectation, but same time it will stay crypto which can go into the short term.
It's a coin that also if markets breakdown still can do well since the DCA, but there is no guaranty.
Depending on study, yes it can do.
This is not trading advice, know that trading in all ways can be risky.
This is only a study that was done on this coin depending on the DCA follow and structure volume.
BNX: THE ATH 188/224/332BNX is the best cycle coin of the moment, and it seems that it's only about time before this DCA WHALE coin will target the ATH.
224 USD is the ATH.
This coin shows since the time a signal of DCA whales, and when there are DCA whales, it means there is interest to project and to increase in price action.
Coming hours and days very interesting to see the coming BNX breakouts.
From here to new ATH around 46% increase needs.
BinaryX : ATH 224BNX seems to show some DCA effect this day, and before the update, we did add some important info about the high chance increase of this coin
The coin is since the end of month 7 into the green cycle and this cycle still keeps going as the DCA whales keep increasing the price action on BNX.
This is a small update that BNX is on a good way for a possible high breakout, and that NEW ATH is not far, and we could have soon this ATH.
It's Interesting to see how BNX will affect the coming time to ATH.
This is not trading or finance advice
There is no 100% guarantee in the markets.
BNX/USDT pullback before the rally - 36% growth expectedI love how the price action played out, currently we are at the long-term support level. At the same time we must not forget the bounce of a strong Fibonacci based support. This might result in the fast rally, towards the Fibs resistance near $170
$BNX - Ichimoku breakout + downtrend breakoutBNX is breaking the downtrend and breaking out of the ichimoku cloud
this can be a good trade as the next resistance is at about a 10% distance from the current price
I'm entering if I see a good close of this 4h candle
let me know what you think or if you see anything I didnt see!
BinaryXBinaryX is the project behind CyberDragon, a play-to-earn game on the Binance Smart Chain (BSC). Initially, BinaryX was a decentralized derivative trading protocol, but has since changed its concept to accommodate the boom in the GameFi sector.
This just sparked some interest from me.
What are your thoughts?